Civista Bancshares (CIVB) AI Stock Analysis

• Market Cap: $384.52M
• Dividend Yield: 3.34%
• Average Volume (3M): 111.95K
• Price to Earnings (P/E): 7.9
• Beta (1Y): 0.84
• Revenue Growth: 6.20%
• EPS Growth: 18.80%
• Country: US
• Employees: 520
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Regional
• EPS (TTM): 0.71
• Shares Outstanding: 19,312,880
• 10 Day Avg. Volume: 79,292
• 30 Day Avg. Volume: 111,952
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.16
• Enterprise Value/Revenue: 3.39
• Enterprise Value/Gross Profit: 5.51
• Enterprise Value/Ebitda: 19.77
• 1Y Price Target: $24.67
• Price Target Upside: 24.03% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 78 Outperform
• Price Target: $23.50 ▲(18.15% Upside)

Civista Bancshares' strong financial performance and strategic growth initiatives are the most significant factors contributing to its high score. The company's low P/E ratio and attractive dividend yield further enhance its investment appeal. While technical indicators show mixed signals, the overall outlook remains positive, supported by strategic acquisitions and leadership continuity.

Civista Bancshares Business Overview & Revenue Model

Company Description

Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that provides community banking services. It collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit. The company also purchases securities; and provides trust and third-party insurance services. It operates approximately 42 locations in Northern, Central, Southwestern, and Northwestern Ohio, as well as Southeastern Indiana and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc. in May 2015. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.

How the Company Makes Money

Civista Bancshares generates revenue primarily through interest income from loans, which includes commercial, residential, and consumer loans. Additionally, the company earns interest from investments in securities. Non-interest income also contributes significantly to its earnings, derived from service charges, fees for various banking services, and mortgage origination fees. The company has established partnerships with local businesses and community organizations, enhancing its customer base and fostering growth. Furthermore, Civista Bank's focus on retail banking and wealth management services provides additional avenues for revenue generation, strengthening its financial position.

Civista Bancshares Financial Statement Overview

Summary

Civista Bancshares exhibits strong financial performance with robust revenue growth and healthy profitability. The balance sheet is stable, with moderate debt levels, and cash flow management is effective, supporting continued growth.

Income Statement

Civista Bancshares has shown robust revenue growth with a TTM (Trailing-Twelve-Months) increase in total revenue. The gross profit margin remains strong, and net profit margin is stable, reflecting efficient cost management. EBIT and EBITDA margins indicate healthy operational efficiency. Overall, the income statement reflects strong profitability and growth momentum.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating a balanced use of leverage. The equity ratio suggests strong asset backing, while the return on equity demonstrates effective use of equity to generate profits. Although liabilities have increased, the overall financial position remains stable.

Cash Flow

Civista Bancshares exhibits strong operating cash flow relative to net income, suggesting effective cash management. The free cash flow has grown, which is a positive sign of financial flexibility. Cash flow from operations is robust, supporting the company's ability to finance investments and dividends.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	241.90M	217.48M	152.98M	134.19M	126.18M
Gross Profit	146.55M	155.80M	135.28M	123.73M	105.93M
EBITDA	47.60M	62.95M	52.79M	51.25M	40.30M
Net Income	31.68M	42.96M	39.43M	40.55M	32.19M
Balance Sheet
Total Assets	4.10B	3.86B	3.64B	3.01B	2.77B
Cash, Cash Equivalents and Short-Term Investments	329.94M	679.90M	660.24M	815.06M	491.69M
Total Debt	450.88M	454.19M	643.35M	204.23M	183.34M
Total Liabilities	3.71B	3.49B	3.30B	2.66B	2.42B
Stockholders Equity	388.50M	372.00M	334.83M	355.21M	350.11M
Cash Flow
Free Cash Flow	44.06M	59.27M	18.68M	38.83M	30.68M
Operating Cash Flow	48.25M	62.70M	25.18M	40.76M	32.65M
Investing Cash Flow	-258.80M	-311.78M	-410.36M	-130.50M	-340.98M
Financing Cash Flow	213.30M	266.13M	164.30M	216.93M	398.80M

Civista Bancshares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 19.89
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CIVB, the sentiment is Negative. The current price of 19.89 is above the 20-day moving average (MA) of 19.77, below the 50-day MA of 21.37, and below the 200-day MA of 21.01, indicating a neutral trend. The MACD of -0.35 indicates Negative momentum. The RSI at 42.72 is Neutral, neither overbought nor oversold. The STOCH value of 45.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CIVB.

Civista Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CZNC	79 Outperform	$299.75M	11.10	9.73%	5.74%	8.59%	14.56%
CIVB	78 Outperform	$384.52M	7.88	10.02%	3.34%	6.20%	18.80%
NECB	75 Outperform	$302.82M	6.44	14.25%	3.88%	4.02%	-0.62%
BCML	74 Outperform	$309.80M	13.01	7.50%	2.10%	1.75%	2.76%
PBFS	73 Outperform	$319.22M	15.31	6.98%	―	31.28%	23.21%
FSBW	72 Outperform	$302.26M	9.46	11.31%	3.33%	5.10%	-7.22%
Sector *	58 Neutral	HK$110.85B	6.44	-4.87%	3.92%	9.01%	-47.48%

Civista Bancshares Corporate Events

Civista Bancshares Promotes Robert Katitus to Key Roles

On August 13, 2025, Civista Bancshares announced the promotion of Robert L. Katitus to Executive Vice President and Chief Lending Officer of both Civista Bancshares and Civista Bank. Katitus, who has over 25 years of experience in banking and commercial lending, has been with Civista since 2010 and has played a crucial role in expanding commercial lending efforts in Ohio. His promotion reflects Civista’s strategy of nurturing internal talent and ensuring leadership continuity, which is expected to support the company’s growth and community service efforts.

The most recent analyst rating on (CIVB) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Updates Governance Practices

On July 22, 2025, Civista Bancshares, Inc. announced amendments to its Code of Regulations to align with developments in the Ohio General Corporation Law and to modernize its governance practices. Key changes include the Board’s authority to set alternate dates for shareholder meetings, updated director compensation provisions, the election of a Lead Independent Director when necessary, modernized indemnification standards, and the transition to uncertificated shares. These amendments aim to enhance governance efficiency and reflect current industry standards.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Engages at KBW Investor Conference

On July 29th and 30th, Civista Bancshares‘ senior management participated in the 26th Annual KBW Community Bank Investor Conference in New York, aiming to engage with investors. This event underscores Civista’s proactive approach to investor relations and its strategic efforts to strengthen its market presence and stakeholder engagement.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Declares Quarterly Dividend of 17 Cents

On July 22, 2025, Civista Bancshares, Inc. announced that its Board of Directors approved a quarterly dividend of 17 cents per common share, maintaining the previous quarter’s rate. This dividend, amounting to approximately $3.3 million, offers an annualized yield of 2.89% based on the closing stock price of $23.20 as of June 30, 2025, reflecting the company’s stable financial performance and commitment to returning value to shareholders.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Completes Sale of Additional Shares

On July 16, 2025, Civista Bancshares, Inc. announced the completion of the sale of an additional 494,118 common shares following the exercise of the underwriters’ overallotment option from its recent public offering. The sale, priced at $21.25 per share, is expected to generate approximately $9.9 million in proceeds for the company, enhancing its financial position and potentially influencing its market operations.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Announces Public Offering Agreement

On July 10, 2025, Civista Bancshares announced an underwriting agreement with Piper Sandler & Co. for a public offering of 3,294,120 common shares, expected to close on July 14, 2025, with net proceeds of approximately $65.5 million. The funds are intended for general corporate purposes, including growth opportunities and strategic transactions. Additionally, Civista entered into a merger agreement with The Farmers Savings Bank, which will merge into Civista Bank, adding two branches and $183 million in low-cost core deposits. The merger, valued at approximately $70.4 million, is expected to close in the fourth quarter of 2025, enhancing Civista’s presence in Northeast Ohio and offering expanded opportunities for both banks.

The most recent analyst rating on (CIVB) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Announces Follow-On Offering and Acquisition

On July 10, 2025, Civista Bancshares‘ senior management will meet with investors to discuss an opportunistic follow-on offering and the acquisition of The Farmers Savings Bank. This strategic move is expected to enhance Civista’s market presence and expand its operations, potentially benefiting stakeholders by increasing the company’s competitive positioning in the financial services industry.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares to Announce Q2 2025 Results

On June 27, 2025, Civista Bancshares, Inc. announced that it will release its second quarter 2025 financial results before the market opens on July 24, 2025. The company will also host a conference call and webcast on the same day at 1:00 p.m. Eastern Time to discuss these results, allowing analysts to participate in a question-and-answer session. This announcement is part of Civista’s ongoing communication with stakeholders about its financial performance and strategic direction.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Enhances Executive Compensation Plans

On June 6, 2025, Civista Bancshares, Inc. amended its Supplemental Nonqualified Retirement Plan (SERP) to increase the retirement benefit for Charles A. Parcher, following his promotion, and added Ian Whinnem as a participant. Additionally, Civista Bank revised its Endorsement Split Dollar Life Insurance Agreement with Parcher, raising the net death benefit to align with his updated SERP benefit. These changes reflect the company’s commitment to enhancing executive compensation and benefits, potentially impacting its competitive positioning in retaining key personnel.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.